Property of the Week: 6 Bulkara St, Wagstaffe, NSW
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Property of the Week: 6 Bulkara St, Wagstaffe, NSW

A Central Coast trophy home with a habit of breaking records, Agave, returns to market.

By Kirsten Craze
Fri, Jan 9, 2026 11:59amGrey Clock 2 min

Agave has a history of making headlines.

The luxury Wagstaffe weekender earned the prestigious HIA Australian House of the Year award in 2018 and then went on to reset the Central Coast price record two times over.

The Dennis Rabinowitz-designed waterfront residence was sold by the owner architect in mid 2020 for $9.5 million – at the height of the pandemic rush to the regions.

It then changed hands again only two years later for $16.2 million when it was snapped up by fallen Forum Finance founder Bill Papas.

Since then, Agave has operated as a high-end short-term rental appearing on Nine’s top 10 most expensive Airbnbs in Australia list; reportedly earning its owner more than $10,000 a night.

After briefly sitting on the market in 2024, the head-turning seven-bedroom two-storey property is now listed with a new agent and a fresh competitive price tag.

Mat Steinwede of McGrath Terrigal has put a $12 to $14 million guide on the glamorous beach house at a time when the Central Coast is tipped to recapture some of its post-Covid malaise.

Overall, Central Coast house values are approaching their 2022 pandemic-era high, according to Cotality data, with the median up 45.1 per cent over five years to reach a median price of $1.063 million as of November.

Sitting on a spacious 2188sq m block in the exclusive San Toy estate, Agave at 6 Bulkara St is in the sleepy hamlet of Wagstaffe 19kms south of Terrigal.

It has direct waterfront access to Brisbane Water and its north-facing aspect captures the best of the Central Coast’s coveted climate.

Created with a focus on free-flowing lanai-inspired indoor/outdoor living, the home features multiple terraces, a saltwater pool with imported Moroccan tiles, a private beach, a jetty, a boathouse cabana and a deep-water mooring suitable for a “super yacht”.

In total, the expansive layout includes 556sq m of internal living and 289sq m of alfresco space.

The sophisticated interiors include bespoke finishes crafted from natural materials, a contemporary kitchen with marble bench tops, as well as a fully-equipped butler’s pantry, wine cellar, and five ensuite bathrooms.

There is also an executive study and a palatial main bedroom suite located in its own ground floor wing complete with a walk-in wardrobe, and a five star hotel-inspired ensuite with bidet.

A second level houses six more bedrooms including a bunk room, ideal for multiple family getaways. All up, Agave can sleep as many as 14 guests at a time.

Manicured grounds are framed by established tropical gardens, and with secure entry gates plus an advanced security system, the residence is an idyllic private compound.

Additional features include total climate control, three separate living rooms, a double lock up garage and

The property is a short walk to Wagstaffe Wharf with direct ferry access to Palm Beach on Sydney’s Northern Beaches. Agave is also close to Lobster Beach and Bouddi National Park.

Agave at 6 Bulkara St, Wagstaffe is listed with Mat Steinwede of McGrath Terrigal with a $12 to $14 million price guide.



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PROPERTY OF THE WEEK: AMBROSE BRINGS ENGLISH GARDEN ROMANCE TO WOODEND

A former Paul Bangay estate in the Macedon Ranges blends heritage charm, sculpted gardens and pavilion living across 108 hectares.

By Kirsten Craze
Fri, Apr 24, 2026 2 min

Seemingly borrowed from a scene in Bridgerton, or plucked from the pages of a Brontë novel, St Ambrose in the picturesque Macedon Ranges of Victoria is a masterclass in English-inspired charm. 

It’s no surprise, then, that the expansive 108ha estate, whose grounds are known as The Enchanted Garden, is the former home of celebrated landscaper Paul Bangay.  

St Ambrose is a property with a genuine narrative. The story begins in the 1880s, when the original bones of the modernised homestead were just a humble schoolhouse. 

Just over a century later, Bangay bought the country compound and spent a decade transforming it into a magical escape showcased in his iconic book, The Enchanted Garden.  

Arranged as a sequence of “rooms”, the grounds are connected by sculptured hedges and framed planting that has been handpicked to connect with the surrounding Macedon landscape. 

Now the estate is back on the market via an expressions-of-interest campaign with Campbell Kilsby and Tony Ryan of Kay & Burton Bayside, who are seeking offers between $8 million and $8.8 million. According to title records, it last traded in 2023 for $8 million. 

A line of perfectly placed pencil pines frames a structured forecourt, anchored by a central, calming water feature. 

Beyond the landmark gardens, the residence has also been revived, crafted into a series of connected pavilions balancing old and new. The former schoolhouse is still part of the story, now integrated into the main living zones. 

Inside, the house features epic proportions with high ceilings, big fireplaces, spacious rooms, and expansive glazing that captures the romance of the outdoors from every angle. 

The central country kitchen has stone surfaces, an island bench, shaker cabinetry, and French doors to the patio. 

There are four bedrooms, including a main suite with a quiet garden outlook, while additional bedrooms are positioned for privacy. At the far end of the vast floor plan, there is also a fully self-contained one-bedroom guest residence for extended family or visitors. 

Two separate garages have raked western red cedar ceilings, polished concrete floors, and custom timber doors that open the space up for entertaining in the stately setting. Ordinarily, the garage can accommodate more than five vehicles. 

In addition to the heritage-style gardens, the grounds feature a newly rebuilt 20m wet-edge pool with an integrated spa, as well as an upgraded reflection pond complete with new filtration and lighting. 

Other recent behind-the-scenes renovations include hydronic heating, air conditioning, irrigation, and water storage. 

 St Ambrose is close to Woodend Station and is approximately 70kms from Melbourne’s CBD. 

St Ambrose at 7 Wood St, Woodend, Victoria, is listed through an expressions-of-interest campaign with Kay & Burton Bayside. Offers close on May 27 at 5 pm, and the price guide is $8 million to $8.8 million. 

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